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Profitable bank bailouts
There's been a whole lot of public anger about the bailouts of big Wall Street firms. But whether it was wise or not to bail out the top banks, at least it did not cost taxpayers an arm and a leg. In fact, it looks now like taxpayers got a pretty decent return on their "investment" in banks.
End of the road for Rattner?
Steven Rattner seemed to live a charmed life in New York for the longest time. He was a New York Times ' wunderkind reporter (James Reston's assistant, a coveted post in a bygone era) turned Morgan Stanley banker and then later major fund-raiser for the Democrats. His investment firm Quadrangle
